secwatch.observer — SEC 8-K summary
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Issuer:     VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
CIK:        0000883237
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0000883237-23-000117
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virtus Q2 2023 GAAP EPS $4.10, adjusted $5.43; revenue $213.5M down 5% YoY
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- Revenue $213.5M (-5% YoY, +8% QoQ); operating income $39.0M (-31% YoY).
- Diluted GAAP EPS $4.10 (vs $2.29 in Q2 2022); adjusted diluted EPS $5.43.
- Total sales $7.6B; net flows breakeven; AUM $168.3B at quarter-end.
- Weighted average diluted shares 7.385M, down 3% YoY.
- Operating margin 18.3% vs 25.2% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883237/000088323723000117/0000883237-23-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883237/000088323723000117/vrts-20230728.htm
  HTML page:      https://secwatch.observer/filing/0000883237-23-000117

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer